Autumn-winter gas supply has arrived from America
On the order of Elenger, the largest privately-owned energy company in Finland and the Baltic States, last week the gas tanker Gui Ying from USA arrived at Finland’s Inkoo terminal, and today Seapeak Meridian arrived at Lithuania’s Klaipeda terminal, with which the company secured its customers’ gas supply for the autumn-winter months in the region.
“Elenger, as the only natural gas trader, cooperates with both large terminals in the region and is thus able to cover the gas demand of our customers. The regular supply of liquefied natural gas and the high filling of natural gas storage in Latvia allow us to calmly face the winter,” said Dāvis Skulte, Chairman of the Board of Elenger Latvia.
“The leak in the Balticconnector gas pipeline connecting Estonia and Finland, which became known last weekend, does not endanger the security of supply for Elenger customers, as we ensure the supply of natural gas from several sources. Also, Baltic gas grid is connected to Europe, so it is possible to import gas from that direction too, if needed,” said Skulte.
Elenger has tripled its LNG supplies this year – instead of last year’s five cargoes, the company has brought 16 shiploads of LNG to the region this year. 16 loads of gas is equivalent to the two-year natural gas consumption of Latvia.
In the past, natural gas reached Latvia mainly via a pipeline from Russia, this direction has been closed for almost a year and a half and a full-scale turn to the west has taken place. Natural gas is now brought with ships in liquefied form to the terminals in Inkoo in Finland and Klaipeda in Lithuania, where it is regasified and fed into the gas pipeline. The LNG supplies imported by Elenger have certificates of origin, the gas mostly comes from the United States and Norway.
Operating in five markets – Finland, Estonia, Latvia, Lithuania and Poland – Elenger grew last year to become the largest private energy company in Finland and the Baltic region. The group offers its customers natural gas in the form of pipeline gas, compressed natural gas (CNG) and liquefied natural gas (LNG) and manages the largest gas network in Estonia and Latvia. The company is actively engaged in international energy trade and develops a renewable energy portfolio in the form of solar energy and biomethane production and sales. IIn the domestic market in Estonia, Elenger works with the “Eesti Gaas” brand.